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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in goodwill by reportable segment

The changes in the carrying amount of goodwill for the year ended December 31, 2016 and the nine months ended September 30, 2017 are as follows:

 

($ in millions)

 

Total

 

Balance as of January 1, 2016

 

$

306.5

 

Foreign currency impact

 

 

(6.9

)

Balance as of December 31, 2016

 

 

299.6

 

Foreign currency impact

 

 

18.1

 

Balance as of September 30, 2017

 

$

317.7

 

 

Gross carrying amount and accumulated amortization of the company's intangible assets other than goodwill

The gross carrying amount, accumulated amortization and net book value of the Company’s intangible assets other than goodwill at September 30, 2017 and December 31, 2016 are as follows:

 

 

 

September 30, 2017

 

 

December 31, 2016

 

($ in millions)

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Book

Value

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Book

Value

 

Trademarks and tradenames

 

$

98.6

 

 

$

 

 

$

98.6

 

 

$

92.4

 

 

$

 

 

$

92.4

 

Customer relationships

 

 

10.5

 

 

 

(8.5

)

 

 

2.0

 

 

 

10.3

 

 

 

(7.8

)

 

 

2.5

 

Patents

 

 

30.4

 

 

 

(29.4

)

 

 

1.0

 

 

 

28.5

 

 

 

(27.4

)

 

 

1.1

 

Engineering drawings

 

 

10.7

 

 

 

(10.6

)

 

 

0.1

 

 

 

10.0

 

 

 

(9.9

)

 

 

0.1

 

Distribution network

 

 

19.3

 

 

 

(0.1

)

 

 

19.2

 

 

 

18.0

 

 

 

 

 

 

18.0

 

Other intangibles

 

 

0.3

 

 

 

(0.3

)

 

 

 

 

 

0.2

 

 

 

(0.2

)

 

 

 

Total

 

$

169.8

 

 

$

(48.9

)

 

$

120.9

 

 

$

159.4

 

 

$

(45.3

)

 

$

114.1